OIL & GAS
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N210tn Audit: Senate Demands NNPC Response In Three Weeks
The Senate on Tuesday gave the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, three…
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States Slashing Power Tariff Must Pay Subsidy – NERC
The Nigerian Electricity Regulatory Commission has said that state governments do not have jurisdiction over the national grid and over…
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US Emerges Top Supplier Of Crude To Nigeria — Report
The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on…
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Dangote’s Fuel Distribution Plan Sparks Concerns Over Job Losses
The Natural Oil and Gas Suppliers Association of Nigeria has expressed strong concerns over the recent decision by Dangote Petroleum…
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Dangote Halts Fuel Discount Scheme Amid Fraud Allegations
The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners…
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NIPCO Deploys CNG To Reduce Reliance On Petrol
NIPCO Plc says it is intensifying its investment in Compressed Natural Gas infrastructure as part of efforts to reduce Nigeria’s…
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OPEC Warns Of $14.9tn Investment Gap In Upstream Sector
The Organisation of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream oil sector,…
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Marketers Back Refineries’ Sale, Project Lower Fuel Prices
Oil marketers and industry stakeholders have thrown their weight behind the proposed sale of Nigeria’s refineries under the management of…
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Senate Summons NNPC Boss Over Unaccounted N210tn
The Senate on Thursday ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, to…
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NNPC Refineries May Never Work Again — Dangote
The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and…
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$8bn Investments Lift Oil Rig Count To 46
As part of efforts to improve the country’s daily production of hydrocarbon potential, crude oil producers operating in Nigeria have…
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Oil Firms Must Show Proof Of Local Content Remittances — FG
Operators in the upstream arm of the oil and gas sector have been mandated by the Federal Government to obtain…
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Oil Firms Remitted N57bn To Host Communities – FG
Oil and gas companies operating in Nigeria remitted a total of N57.07bn to Host Community Development Trusts in 2024, the…
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NNPC Grows Revenue To N6tn In May
The Nigerian National Petroleum Company Limited generated a total revenue of N6.008tn in May 2025, marking a marginal increase from…
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Unsettled Debts Threaten NNPC Power Plants, FG Plans Intervention
The Federal Government says it is considering strategic interventions to address power tariff challenges affecting gas supply and payment structures…
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TotalEnergies Projects N543m Q3 Profit
TotalEnergies Marketing Nigeria Plc has projected a profit after tax of N543m for the third quarter ending September 30, 2025,…
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Petrol Hits N955/Litre As Marketers, NNPCL Raise Prices
Retail outlets under the nameplate of the Nigerian National Petroleum Company Limited effected an upward adjustment in the pump price…
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Marketers Consult Foreign Traders For Cheaper Fuel Imports
Oil marketers say they have commenced negotiations with international traders to import cheaper Premium Motor Spirit (petrol) into Nigeria to…
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NERC Announces Grid Integration Deadline For Gencos
The Nigerian Electricity Regulatory Commission has issued a mandatory directive requiring all grid-connected power generation companies to fully integrate their…
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Fuel Distribution Scheme Will Create Jobs, Says Dangote Refinery
The Dangote Petroleum Refinery has said its plan to distribute Premium Motor Spirit (petrol), diesel and other petroleum products to…
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